The company said that characterising a routine move as 'a setback' is exaggerated and attention-seeking
BharatPe co-founder Ashneer Grover attacked former State Bank of India (SBI) chairman Rajnish Kumar and said 'delivering nothing and creating a deflection to hide behind is the easiest'
The financials revealed by Byju's are based on an 'unqualified FY22 audit'; it will file the financials with MCA in the next few weeks, according to the sources
Veteran banker will have non-executive advisory role and guide Mastercard's South Asia executive leadership team
BharatPe Chairman Rajnish Kumar showed early signs of "wanting control" and to "make money out of BharatPe", the fintech platform's former Co-founder and managing director Ashneer Grover has claimed
Rajnish Kumar will engage with the management on the Indifi Technologies' growth strategy and provide guidance in the financial services sector.
The finance companies, including housing finance entities, have to rely on wholesale fund-raising from the market or borrowings from banks, both of which are relatively costly
The company's transition from an individuals-driven private firm to a board-driven listed public one will be carried out in a well-thought-through and well-executed manner, said the BharatPe chairman
Former State Bank of India (SBI) chairman Rajnish Kumar has joined the international strategic advisory board of data and analytics firm Dun & Bradstreet, a release said on Thursday. Kumar, a veteran banker, currently sits on the boards of HSBC Asia Pacific, L&T Infotech, Hero MotoCorp and BharatPe. "Dun & Bradstreet is contributing to empowering MSMEs through technology-based finance, risk, compliance, data and marketing solutions in India. Kumar is recognised as a leader in the digital India mission, and we look forward to his guidance and vision as we contribute to Atmanirbhar Bharat," Avinash Gupta, Managing Director (India) at Dun & Bradstreet, said. Dun & Bradstreet has a legacy of more than 180 years, and is a respected name in business decisioning data, analytics and ratings, Kumar said. "I am looking forward to working with the Dun & Bradstreet team to help create value for all stakeholders," he added.
Amid the thickening Ashneer Grover-BharatPe saga, Chairman of the board of directors Rajnish Kumar said that Grover is only spreading lies and there is no substance in his allegations
For a growth of eight per cent and above, he said, the country needs a huge investment in the economy
Kumar, who retired as SBI chairman in October 2020, is currently on the boards of HSBC Asia Pacific, L&T infotech, Hero Motocorp and BharatPe
Global travel technology platform OYO on Thursday announced the appointment of Rajnish Kumar, former Chairman of State Bank of India (SBI), as its strategic group advisor. Kumar, who has spent over 40 years in the financial sector, will play a key role in advising OYO's management on short-term and long-term strategy, regulatory and stakeholder engagement and enhancing the brand of the company globally, the company said in a statement. We are delighted to welcome Kumar as strategic group advisor. He is a veteran in the financial services sector and his leadership lessons and professionalism are an inspiration. His experience of digitisation and technology led initiatives for the customers is critical for us as we make a difference to our stakeholders' lives, OYO founder and chairman Ritesh Agarwal said. He is currently on the boards of HSBC Asia Pacific, L&T infotech, Hero Motocorp and BharatPe.
It has also appointed marketing strategist and entrepreneur Vasudha Dinodia on the board as an independent director, Hero MotoCorp said
Rajnish Kumar completed his three-year term as chairman of SBI in October 2020
Kumar explained why the State Bank had to jump in to save the "lender of the last resort" (Yes Bank) while narrating the behind-the-scenes story graphically
The book raises quite a few questions on other important issues concerning the financial sector
In his book titled 'The Custodian of Trust', Rajnish Kumar said that SBI was reluctant to play the lender of last resort role for YES Bank but circumstances compelled it to rescue the private lender
India's drug regulator is examining recommendation by experts for approving Bharat Biotech's Covaxin for children. More in top headlines this morning.
In his book titled 'The Custodian of Trust', Kumar said SBI board wanted letter of support from govt before approving Jet Airways resolution plan